EconPapers    
Economics at your fingertips  
 

Impact of individual and institutional factors on wage rate for nurses in Canada: is there a monopsony market?

Ruolz Ariste and Ali Béjaoui

International Review of Applied Economics, 2019, vol. 33, issue 5, 659-681

Abstract: Previous studies on Canadian nurse wages were limited to individual factors and did not take into account contextual factors such as hospital market share, labour market size or unionization. Based on market share, some refer to the nursing labour market as a monopsony, which depresses wages and might explain the shortage. However, this has not yet been tested empirically in the Canadian Registered Nurse (RN) labour market. This article aims to fill this gap by using the microdata files of the Labour Force Survey for the years 2010–2012 and the multilevel analysis to shed light on this issue. The contribution of this work is that it takes into account both individual and contextual variables to try to explain nurses’ hourly wage. In accordance with the monopsony model, we hypothesize a negative correlation between hourly wage and level of market share; i.e. monopsony employers would pay a lower wage rate. The results do not support the monopsony model to explain nursing labour shortage: there is no statistically significant relation between RN wages and market share; no relation was found for market size either. This suggests that an explanation for RN labour shortage must be investigated elsewhere.

Date: 2019
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1080/02692171.2018.1518410 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Impact of Individual and Institutional Factors on Wage Rate for Nurses in Canada: Is There a Monopsony Market? (2017) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:irapec:v:33:y:2019:i:5:p:659-681

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CIRA20

DOI: 10.1080/02692171.2018.1518410

Access Statistics for this article

International Review of Applied Economics is currently edited by Professor Malcolm Sawyer

More articles in International Review of Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2020-12-09
Handle: RePEc:taf:irapec:v:33:y:2019:i:5:p:659-681